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Monday, November 14, 2016

NATURAL GAS UPDATES FOR NOV 14 2016

MONDAY 3.45 PM IST



WEEKLY UPDATE


Mcx Natural gas last week dropped from its  weekly high of


 186 – 171 levels and recovered back to close at 178 levels


, strong supports for the commodity is now at 176 and 172 


resistance for the commodity is at 181 – 186 – 190, 


early trades in USA prices are trading with positive note expect prices to open gap up .


Weekly Call :



                                Buy Mcx Natural gas on open between 178 – 181


 with SL below 174.5
\

 for targets 186 – 188 – 190.

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